Australian Energy Company

Australian Energy Company (AEC) is an unlisted company which states that it "was formed to deploy proven coal gasification technologies to deliver value added commodities". The company is the proponent, via the Australian-American Energy Company LLC, of the Many Stars Coal-to-Liquids project.

On its website, AEC states that it was initially incorporated in November 2004 and that it has 155 shareholders who hold 150 million shares.

History
On its website the company states that the "company’s founders are the original founders of Australian Power & Energy Limited (APEL). APEL was formed to compete in a global tender conducted by the Victorian Government in 1999 to utilise Victoria’s vast reserves of brown coal in an environmentally sustainable way." APEL in turn formerly owned Latrobe Fertilisers. During this time the company proposed a coal to urea export project to be located near Loy Yang. The project is currently on hold and AEC states that "Latrobe Fertilisers Limited which now operates as a seperate entity."

AEC also states that the "Anglo American Group PLC (Anglo) purchased the company and is now collaborating with Shell on a coal to liquids (CTL) project. The APEL project has now been renamed Monash Energy Ltd".

Personnel

 * Allan Blood, Executive Chairman

Contact details
22 Dalby Road Hovea W A 6071 Telephone: (08) 9298 9588 Facsimile: (08) 9298 9522 Email : ablood AT ausenergyco.com.au Website: http://www.ausenergyco.com.au/

Related SourceWatch articles

 * Researching coal in Victoria
 * Victoria and coal


 * Australia and coal
 * Carbon Capture and Storage
 * Carbon Capture and Storage in Australia
 * New South Wales and coal
 * Queensland and coal

External resources

 * Australian Energy Company Limited, "Strategic Policy Framework for Near Zero Emissions from Latrobe Valley Brown Coal", Australian Energy Company Submission, approx September 2007.